PLMish earnings start strong, with good news from MuM and Sandvik
Two reports start us off this earnings season: Mensch und Maschine, the Autodesk reseller, and Sandvik, the Swedish company buying its way into CAM. First, MuM. Mensch und Maschine Software reported "another best quarter ever in M+M's history" yesterday, with revenue...
From poet Kate Baer: What to Write After Yet Another School Shooting
It's been a ridiculously busy week, but I can’t get the Nashville school shooting off my mind. This, from poet Kate J Baer via https://www.instagram.com/p/CeOfd76uKep/, says what I can't. We'll be back to PLMish news next week, I hope. If you happen to know which of...
Happy Pi Day!
Have I ever told you my butter ruler story? No? Well … In the US, butter typically comes in sticks wrapped in wax paper. The paper usually has the maker's logo, the stick's weight and a magical butter ruler. We (in the US) do things volumetrically, so recipes...
Nano Dimension offers to buy rest of Stratasys
Nano Dimension just announced that it wants to buy the 85% or so of Stratasys shares it doesn't already own for about $1.1 billion. You might remember that Nano Dimension disclosed a 12% stake in Stratasys last July, after which Stratasys' board adopted what some call...
Deal roundup: Extension not reinvention at Bentley, Hexagon, Altair, Nemetschek, and Trimble
There has been so much earnings news --generally good retrospectively with varying degrees of caution looking ahead-- that I've lost sight of one of the significant growth drivers in this PLMish world of ours: acquisitions. So here's a quick recap of recent news, in...
Earnings catch up: Dassault Systèmes reports solid Q4, guides to slow start to 2023
Dassault Systèmes recently reported Q4 2022 revenue of €1,584 million, up 16% as reported and up 10% in constant currencies (cc). Software revenue was €1,429 million, up 15% (up 9% cc). For the year, total revenue was €5,665 million, up 17% (up 9% cc), while software...
Earnings catch up: Siemens reports FQ1, ups DI growth targets
Siemens recently announced upbeat results for its fiscal first quarter — so good, in fact, that the company raised guidance for Digital Industries (DI) and Smart Infrastructure and, as a result, for the group as a whole. Since the PLMish bits are primarily within DI,...
Nemetschek hits 2022 revenue target — just
Nemetschek announced preliminary results for fiscal 2022 earlier today, indicating that business slowed slightly in Q4. For 2022, the company reported revenue of €802 million, which means Q4 revenue of €203 million was about 2% below expectations. We'll know more...
PTC’s FQ1 was good, but macroeconomic worries loom
PTC announced fiscal Q1 2023 results last night that were better than expected in some areas. Profit was up but not as much as expected, and ARR was bigger than expected even though growth slowed a bit ... it was the mixed bag we're becoming used to. The details:...
Earnings are a mixed bag so far, with Hexagon and AspenTech reporting, and reports from Microsoft and SAP driving news
Tech earnings start piling up this week, so before we drown under news from Meta, Apple, Amazon, and others — and PTC and Dassault Systemes in our little part of that universe — let’s recap what we’ve heard so far. While not a PLMish company, what Microsoft says has a...